It may well be that, having renounced self-harm just in time and with a following wind, the beleaguered Conservative party will pose a serious threat to Labour at the ballot box.
Combined with monetary tightening, austerity will lower economic growth and lead to more austerity.
A silver lining to the Trussonomics travesty is that the UK finds itself in a position where the borrow to spend is being investigated.
The UK mortgage market has tightened as confidence in the economy has faltered in recent weeks.
We have a government with no clue how to finance its tax cuts and a tightening liquidity squeeze with double-digit inflation.
Kwarteng shouldn’t force the PM to sack him. By resigning, he makes it much easier for her to execute the changes necessary to restore financial equilibrium.
Liz Truss insisted that she will be not be cutting public spending to fund tax cuts at PMQs today, sowing confusion about the content of the government’s Halloween fiscal statement.
Daily Briefing: If Liz Truss hoped that scrapping the contentious plan to abolish the 45p tax rate would quieten down her MPs, she was wrong.
It appears the lady is for turning after all.
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